Insurers Unprepared for Self-Driving Car Disruption: KPMG June 18, 2015 The majority of property/casualty insurers do not expect autonomous or self-driving vehicles to have a real impact on their auto...
Car Thieves Now Targeting Vehicles for Parts June 18, 2015 While car thefts are declining across the country, stealing car parts and accessories is proving to be a lucrative business...
No Clear Rescue Plan If Supreme Court Ends Obamacare Subsidies June 18, 2015 By Justin Sink Millions of Americans could lose their insurance if the U.S. Supreme Court rules against President Barack Obama on his healthcare...
U.S. Vows Commercial Drone Rules Within a Year June 18, 2015 By David Morgan U.S. commercial drone operations could take flight on a large scale by this time next year, as federal regulators finalize...
Marsh Launches Diagnostic Tool to Estimate Clients’ Total Cost of Risk June 17, 2015 Marsh has unveiled a new casualty cost diagnostic tool powered by its analytics that provides clients enhanced awareness of their...
Systemic Risk Panel to Show Lawmakers Why Some Insurers Are Too Big to Fail June 17, 2015 By Ian Katz U.S. regulators will disclose to lawmakers more than 1,400 pages of documents explaining why companies such as American International Group...
With HCC Holdings Buy, Tokio Marine Enhances Already Top Commercial Lines Performance June 17, 2015 By Finbarr Flynn and Komaki Ito Tokio Marine Holdings Inc. is using debt to expand a U.S. insurance business that’s beaten even Berkshire Hathaway Inc. for...
Greenberg Will Appeal AIG Bailout Case Win Over Lack of Damages June 16, 2015 By Andrew G. Simpson Maurice “Hank’ Greenberg, who yesterday won what most considered a long-shot case with a ruling that the U.S. government acted...
Federal Reserve Plan for Insurer Capital Standards Rests on States: Reuters June 16, 2015 By Douwe Miedema The U.S. Federal Reserve is considering a proposal for new nationwide insurance capital standards that would rely heavily on the...
Former QBE Insurance Executive, Consultant Charged with Embezzling $2.6M June 16, 2015 By Patricia Hurtado A former QBE Insurance Group Ltd. executive and an accomplice embezzled $2.6 million by submitting phony invoices in which the...